Total monthly cost of ownership
Cost to Own a Home in Cleveland, Georgia
A $323,000 home here costs
$2,443per month, all in — with 20% down at today's 6.66% 30-year fixed rate.
A standard mortgage calculator would have told you $1,661. The real number is $782 higher every month — 47% more than the payment most buyers budget for.
Where every dollar goes
Only the first line is a mortgage payment. Change any assumption above and every figure below recalculates.
Cleveland against White County and Georgia
| Measure | Cleveland | White County |
|---|---|---|
| Median home value | $323,000 | $262,200 |
| Median property tax | $1,947 | $1,732 |
| Effective tax rate | 0.603% | 0.661% |
| Median gross rent | $1,075 | $1,015 |
| Population | 3,529 | 28,454 |
The weather behind that power bill
Cleveland sits in White County, which averages a high of 81.5°F in its hottest month and a low of 28.3°F in its coldest, with 69.3" of precipitation a year and 27% of it in a single three-month stretch. That climate drives 800 cooling and 3,877 heating degree days, which is what sets the $142 electricity line above.
See the full climate breakdown for White County — month by month temperatures, rainy season timing, snowfall and heating and cooling costs.
Other cities in White County
No other places of this size are published in White County.
Common questions
How much does it cost to own a home in Cleveland?
A $323,000 home in Cleveland, Georgia costs approximately $2,443 per month with 20% down at 6.66%. That is $1,661 principal and interest, $162 property tax, $140 homeowners insurance, $210 utilities and $269 set aside for maintenance.
What is the property tax rate in Cleveland?
Cleveland has an effective property tax rate of 0.603%, based on a median home value of $323,000 and median real estate taxes of $1,947. That is lower than the White County average of 0.661%.
What is the average home price in Cleveland?
The median owner-occupied home value in Cleveland, Georgia is $323,000, against $262,200 across White County.
Is it cheaper to rent or buy in Cleveland?
Median gross rent in Cleveland is $1,075 a month, against $2,443 to own the median home all in. Renting costs less month to month here, though renting builds no equity.
Sources & methodology
- Median home value, real estate taxes, gross rent and population for Cleveland — US Census Bureau, American Community Survey ACS 2023 5-Year, place-level tables.
- Homeowners insurance — NAIC average premium for Georgia.
- Electricity price — EIA Electric Power Monthly Table 5.6.A.
- Mortgage rate — Freddie Mac PMMS, refreshed weekly.
- Maintenance (1%/yr) and water and sewer ($68/mo) are national estimates. Every assumption above is editable.